Brief: Reg-Raisio PLC Raisio To Divest Its Cattle Feed Business To Lantmännen

Raisio Oyj

04/05/2018 06:12

Raisio Oyj  RAIVV.HE :
    * REG-RAISIO PLC: RAISIO TO DIVEST ITS CATTLE FEED BUSINESS
TO
LANTMÄNNEN
    * ENTERPRISE VALUE IS EUR 34 MILLION AND ARRANGEMENT WILL BE
CONDUCTED AS A SHARE TRANSACTION
    * RAISIO'S CATTLE FEED BUSINESS IS EXPECTED TO TRANSFER TO
NEW
OWNER DURING SEPTEMBER 2018
    * SIGNED AN AGREEMENT TO SELL ITS CATTLE FEED BUSINESS TO
LANTMÄNNEN AGRO OY
    * COMPLETION OF DEAL REQUIRES AN APPROVAL FROM FINNISH
COMPETITION
AUTHORITIES
    * ENTERPRISE VALUE IS EUR 34 MILLION AND ARRANGEMENT WILL BE
CONDUCTED AS A SHARE TRANSACTION

Source text for Eikon:  ID:nGNE2Z3Bw0 
Further company coverage:  RAIVV.HE